39 New Delhi Drive, Markham

Price: $51,000

0 bedrooms, 0 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13093922

Very Convenient Underground Parking Space At Level A Parking Spot #24 For Sale. This Space Can Only Be Purchased By Current Or Potential Owners Of The Condo Building At 39 New Delhi Dr. You're Welcome To View The Space In Person Before Making A Decision. It Includes An Exclusive Garage Door Opener For Access To The Common Underground Parking Area. The Parking Spot Is Currently Vacant And Available For Immediate Purchase. Closing Can Be Arranged At Your Convenience. Payment Can Be Made Via Upfront Bank Draft, Requiring Either A 20% Deposit If Buying With A Condo Or The Full Amount If Purchased Separately. Mortgage Options Are Available With A Minimum 5% -10% payment if Bought With A Condo Unit.

39 New Delhi Drive - Condo photo 1 of 2 in Markham, Ontario
39 New Delhi Drive - Condo photo 2 of 2 in Markham, Ontario
active
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$51,000 - 39 New Delhi Drive, Markham

Condo for Sale in Markham

38 days on market
0Beds
0Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13093922
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
0
Bathrooms
0
Square Feet
1,200 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Very Convenient Underground Parking Space At Level A Parking Spot #24 For Sale. This Space Can Only Be Purchased By Current Or Potential Owners Of The Condo Building At 39 New Delhi Dr. You're Welcome To View The Space In Person Before Making A Decision. It Includes An Exclusive Garage Door Opener For Access To The Common Underground Parking Area. The Parking Spot Is Currently Vacant And Available For Immediate Purchase. Closing Can Be Arranged At Your Convenience. Payment Can Be Made Via Upfront Bank Draft, Requiring Either A 20% Deposit If Buying With A Condo Or The Full Amount If Purchased Separately. Mortgage Options Are Available With A Minimum 5% -10% payment if Bought With A Condo Unit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$261.66/mo

Includes CMHC insurance ($1,423)

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5-yr fixed avg.

Principal: $45,900Interest: $31,174
Mortgage Amount$47,323
Total Interest$31,174
Est. Property Tax$36/mo
Total Cost$78,497

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markham

Discover Markham

Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Markham

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

39 New Delhi Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
39.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$36
Insurance (est.)-$11
Net Cash Flow+$1,693

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $43/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    39 New Delhi Drive, Markham — $51,000 | Battaglia Team